San Francisco based online fraud prevention startup has raised $6m in Series A financing, led by US Venture Partners.
“As automated attacks become more sophisticated, there is a growing need for security solutions that can not only identify fraud and abuse, but also provide an enforcement capability to prevent it,” said Kevin Gosschalk, CEO of Arkose Labs. “Stopping fraud requires a solution rooted in prevention, not mitigation. This is what makes our technology unique. We are the only company to offer the combination of global telemetry and a reliable enforcement mechanism that is guaranteed to stop automated abuse.” “This funding will allow us to accelerate hiring across the organization, expand our product roadmap, build out our enterprise go to market teams, and solve multi-million dollar problems for our expanding customer base,” added Gosschalk.
https://www.pehub.com/2018/09/arkose-labs-raises-6-mln-in-usvp-led-deal/